NWT 0.00% 11.5¢ newsat limited

the next announcement is a make or break, page-20

  1. 131 Posts.
    Well let's hope we don't need to get to multiplying anything by zero. The Jabiru 1 project as presented is a fantastic project and has every chance of success otherwise 'they wouldn't have trusted us with their money'! The problems we are now experiencing rest squarely on the shoulders of the CEO and The Board. The things that have come up into the public eye of late are nothing short of appalling. The revelations haven't been about cost blowouts to the project or changes to the satellite which cause increased costs or delays, they center 100% on the running of the company. About excess and back door finance deals. Let us not forget that the trigger of the whole review was 'alleged' technical breaches in relation to finances - with Ching.

    So let us hope that the project can recommence and we can get a satellite in space that we own and that we get to share part of the profits that only arise because shareholders have believed in the company enough to invest their hard earned money into.
 
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